Equities First State pair cut back on cyclicals following yen rally Investment AdviserBy Dave Baxter“There is also the robot shortage in the US and rising wage costs in places like China [to consider].”Article continues after advertPage 2 of 2Previous|NextMost Read Long Read Why is the FTSE 100 performing so well? Mortgages Monthly mortgage payments could fall by 25% Broker Sub-4% fixed mortgage rates could be here ‘by March’ More on Equities Equities Guide to thematic investing CPD Approx.60min Equities How do thematic funds fit within portfolios? Equities Are US stocks expensive compared with other developed markets? Equities Could ESG opportunities offer protection amid economic uncertainty? Equities Why investors should look beyond headline large caps Equities What role do tech stocks play in a US equities portfolio?